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Form of workJob Description
Title:Commercial Underwriter (Credit Data Quality Analyst)
Duration: 12 months
Location: Chicago, IL (Onsite)
Contract Type: W2 only
Pay Rate: $26.67 - $27.59/Hour
Job Scope
Role Responsibilities Include (but are not limited to):
Must-Have Skills:
Duration: 12 months
Location: Chicago, IL (Onsite)
Contract Type: W2 only
Pay Rate: $26.67 - $27.59/Hour
Job Scope
- The Data Quality, Credit Analyst will be responsible for supporting the NA Commercial Banking team to test the data integrity of the inputs entered into the Commercial Lending System.
- This person will be accountable to provide monthly verifications of the sample and will validate inputs entered for risk rating, collateral, and other credit underwriting calculations used by the Line of Business.
- The analyst will look for compliance with current risk rating model methodology, policies and guidance to ensure the inputs are validated and replicable.
- The accuracy of the inputs into the lending systems is critical to the calculation of key performance metrics for the bank.
Role Responsibilities Include (but are not limited to):
- Supports the business/group leader in the effective implementation, maintenance, and administration of first line of defense (1st LOD) programs.
- Provides validation over risk rating and collateral inputs to the Commercial Lending systems.
- Provides direct feedback to the multiple business units, communicate clearly any issues in reference of policy and guidance.
- Monitors and tracks performance and addresses any issues. to complete assigned reviews.
- Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management.
- Maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders, and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group.
- Supports the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently on a range of complex tasks, which may include unique situations.
- Broader work or accountabilities may be assigned as needed.
Must-Have Skills:
- 2-4yrs **commercial banking** underwriting experience (C&I (Commercial and Industrial) underwriting and commercial real estate (multi-units apartments, retail, office buildings, owner occupied).
- Experience with financial spreading (Moody’s Analytics experience strong asset)
- Detail-oriented
- Strong verbal and written communication
- Professional communication style and comfort working with stakeholders of all levels
- Analytical and problem-solving skills - In-depth.
- Team player and ability to collaborate
- Time management and ability to multi-task
- Data driven decision making - In-depth
- French/English bilingual is a nice to have
